China's nuclear power industry has shown an accelerated growth trend in power generation in recent years
As of August 2016, there were 447 nuclear reactors in service worldwide distributed in three countries, having operated for 16,795 reactor years, with a total installed capacity of approximately 390,000MWe, accounting for 11% of global electricity generation, while 61 nuclear reactors were under construction. China's nuclear power industry has seen accelerated growth in electricity generation in recent years, officially entering the fast lane.
As of August 2016, China has 35 nuclear power units operating on the grid and another 20 under construction, accounting for 32.79% of the total number of nuclear power units under construction worldwide. the electricity generation of nuclear power in China in the first three quarters of 2016 was 154.4 billion kWh, an increase of 22.4% year-on-year, accounting for more than 3% of the country's electricity generation.
At present, the level of independence and localization of key equipment and materials for China's nuclear power generation units has been steadily increasing, and the localization rate of the independently developed "Hualong-1" has reached 85%. The country has formed about 8 sets of nuclear power main equipment manufacturing hardware capacity every year, and the construction and installation force can meet the demand of more than 30 nuclear power units. The Foresight Industry Research Institute's "Nuclear Power Industry Market Analysis Report" predicts that over the next decade, nuclear energy production will grow at a rate of about 1.9% per year, with China, India and Russia together accounting for 96% of the global growth in nuclear power. As of September 2016, China's installed nuclear power capacity reached 31.31 million kilowatts, with 20.5 million kilowatts under construction. The General Office of the State Council issued the Strategic Action Plan for Energy Development (2014~2020) in 2014, which specifies the target of China's installed nuclear power capacity reaching 58 million kilowatts by 2020, with a capacity of more than 30 million kilowatts under construction.
China's nuclear power plant construction cycle is about 5-6 years, thus assuming that as of September 2016 has not started construction of nuclear power plants in 2020 before the end of the year can not achieve grid-connected power generation has started construction of nuclear power plants construction progress is good, in 2020 before the end of the year to achieve grid-connected power generation. Therefore, in 2020 China's nuclear power has been completed installed capacity of about 52 million kilowatts, under construction 30 million kilowatts. As the capacity of nuclear power plants under construction in September 2016 and at the end of 2020 was 20.5 million kilowatts and 30 million kilowatts respectively (expected), the average capacity under construction during the 13th Five-Year Plan is expected to be about 25.25 million kilowatts, taking into account the future demand for electricity, energy structure adjustment, power structure adjustment, the advantages of nuclear power and the national medium and long-term development plan for nuclear power. In the medium to long term, taking into account the future demand for electricity, energy restructuring, power restructuring, the advantages of nuclear power and the national medium to long term development of nuclear power, the installed capacity of nuclear power is expected to reach 150 million kilowatts in 2030, i.e. an average of 8.3 million kilowatts per year from 2020 to 2030
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